PGIM Associate Manager, Accounting (Hybrid-Dallas, TX)

Prudential Financial • Dallas, TX

6d • Hybrid

About The Position

PGIM Real Estate Loan Services has an immediate opportunity within the accounting and finance division at their Dallas location. The position will incorporate both accounting and investor reporting functions with tremendous growth opportunities for a highly detail oriented and organized individual. Also, we look forward to expanding our team for an associate with a passion for optimizing processes to achieve efficiency and effectiveness.

Requirements

• Bachelor's degree in Accounting or related business degree required with a minimum of Intermediate Accounting I & II.
• 3-5 years of accounting experience in a financial services environment or 2-3 years public accounting required.
• 1-3 years of experience with Information Systems related to Accounting functions.
• Working knowledge of sub ledger to general ledger feeds as well as databases and how they function.
• Excellent communication skills, both oral and written.
• Excellent interpersonal and customer service skills are essential.
• Strong organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Exceptional Microsoft Office skills (Excel, Word) is required.
• Ability to multitask, self-motivate, and prioritize work effectively in a face paced environment.
• Enjoy problem solving and collaborating in a team environment.

Nice To Haves

• Mortgage or Insurance industry accounting experience and/or CPA preferred but not required.
• Experience with foreign investments (FX conversions) is helpful but not required.
• Experience with MS Acess, SQL is a plus.
• SOX experience helpful.

Responsibilities

• Perform monthly close reasonableness reviews including but not limited to income analysis, interest accruals, & book value roll forwards.
• Maintain responsibility for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems (e.g. unpaid principal balance, escrows, reserves, premium/discount amortization, fee income, interest income, etc.)
• Maintain responsibility for the accounting and maintenance of deferred income/expense items and reconciliation of the system calculated yield to ledger book yields.
• Prepare month end trial balances and other financial reports for all portfolios, as requested. (e.g. fee income, misc income, gains/losses, statutory Schedule B, GAAP supplemental, etc.)
• Assist with audit requests, SOX experience helpful.
• Assist Accounting Manager with other ad hoc financial analysis, reconciliation as needed.
• Complete all work to meet critical deadlines for month-end and timelines for reconciliations.
• Maintain orderly and complete accounting records for audits or management inquiry.
• Advise Manager and management of financial items/issues.
• Prepare daily valuations, financial statements and remittances files while coordinating with both internal and external parties related to reporting.
• Interpreting servicing agreements, government regulations, accounting manuals, and loan documents to ensure accounting and reporting requirements are being met.
• Prepare applicable journal entries based on reconciliations.
• Execute and reconcile required asset transfers in the designated timeframe outlined
• Prepare monthly accruals and market value adjustments.
• Assist with process automation.
• Work with third-party generated loans.

Benefits

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
• Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level